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The closed-end-fund industry continues to reinvent itself, keeping alive a small corner of the market frequently overlooked by investors.

Transition of management at Legg Mason’s flagship fund may worry some investors; ‘you can’t come in and be someone else’.

Equity portfolio managers to commence working with researchers at sister firm, Capital Guardian.

Most stock mutual fund managers keep failing to beat ‘passive’ investing. That’s fueling a rush into lowcost index funds.

In what seems to be an about-face, wirehouses are embracing fixed indexed annuities, which offer investors a guaranteed-minimum return and the opportunity to partake in stock market gains.

One of the fundamental laws of investing is that when everyone agrees on something there is something important they are not seeing.

High hidden fees, long surrender periods just some of the pitfalls.

Private-equity firms are raising their profile in the indexed-annuity market, worrying some observers who fear that they are taking greater risks in increasing market share.

A former black sheep, indexed annuities are becoming more popular.

Money has hemorrhaged out of U.S. stock funds for 18 weeks in a row, with an estimated $15 billion flowing out in August alone.